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Highlights:

Rep. Collin Peterson talks to AgriPulse about plans for the Farm Bill

Demand for Gross Margin Dairy insurance again exceeds funding supply

Will new study finally increase producer opposition to supply controls?

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Video:

 
 

Rep. Collin Peterson talks to AgriPulse about plans for the Farm Bill

Key Points from the interview: Peterson has not met with Lucas, but will try to move ahead. Plan is to have Senate move first, if they can get a bill out of committee, "we will try on house side," and if Senate can get bill through floor, then House will do the same and then go to committee. On chances on getting a farm bill done in 2012: "08 was election year, most of the work has been done, so bill could be done by May like in 08. If it slips to summer, more problematic, relying on senate is dangerous option but only option we have. If had to bet, it will be taken up in lame duck session after election.

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Demand for Gross Margin Dairy insurance again exceeds funding supply

The first-come, first-served nature of the sales and the limited funding available, means many milk producers who want to purchase USDA s Livestock Gross Margin Dairy insurance aren’t getting it. Jo Lynne Seufer with the regional office of the Risk Management Agency says when the first sale for 2012 was held in October few producers in the northwest were able to get coverage. Seufer; “Fortunately when the next sales go round happened we had about another 8.1 million allocated and at the end we got no applications approved in Oregon but we did get 11 in Idaho and 22 in Washington state. Idaho alone was about 14 million dollars in liability coverage and Washington state was almost 25 million in liability coverage. We were fortunate those policies got through, but again we just ran out of money.”

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Ian Cumming, Canadian Dairy Farmer,
on supply controls
 


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